Market Research Future

The study report worldwide Microdontia Market covers the market analysis for the regions - North America, Europe, Asia Pacific/ Southeast Asia and Row and country analysis of China, Japan, and India focusing on top manufacturers in world market and the market share they hold including their contribution to the market growth

Pune, India -- (SBWIRE) -- 12/06/2017 -- The Worldwide Microdontia Market research report is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The Global Microdontia Industry Research report is booming and expected to gain prominence over the forecast period. The Market is forecasted to demonstrate a huge growth by 2023, surpassing its previous growth records in terms of value & volume. Considering all these factors The World Microdontia Market is expected to grow at a CAGR of ~5.6 % during the forecast period 2017-2023.

Market Scenario:
Microdontia is a condition or state in which teeth appear smaller than normal. Microdontia can be associated with genetic syndromes. There are three types of microdontia i.e true generalized microdontia, relative generalized microdontia, and localized microdontia or pseudo or focal microdontia. True generalized microdontia is extremely rare and affects any teeth and tends to occur in people who have pituitary dwarfism. Relative generalized microdontia is the type of microdontia in which all teeth appear in normal size but look smaller than the enlarged jaws and this type of microdontia can be cause due to genetically-passed large jaws from one parent and normal teeth size from the other. Localized microdontia is the type of microdontia in which a tooth is smaller than other teeth with normal size. Compared to other types of microdontia i.e generalized microdontia, localized microdontia is a more common case.

The microdontia market growth is majorly attributed to the increasing prevalence of the dental diseases, growing dental procedures, rising funding, and healthcare insurance coverage.
According to the American Dental Association, in 2014, 52.3% of adults reported to visit the dentist every six months, 15.4% reported once per year, and 11.0% reported once every two to three years. According to the Pew Center on the States, in 2010, Americans spend USD 106 billion on dental care. Moreover, According to the American Dental Association, in 2010, over 600 million dental procedures were performed which will continuously increase in coming future. Approximately 75 % of all procedures were diagnostic procedures. Children ages 0–20 accounts 41 % of all procedures. Moreover, advancing technology in dentistry is adding fuel to the growth of the market.
However, availability of expensive treatment may hamper the market growth during the forecast period.

Market Segmentation:
The global microdontia market is segmented on the basis of types, by treatment, and by end user.
On the basis of type, it is segmented into true generalized microdontia, relative generalized microdontia, and localized (focal) microdontia.
On the basis of treatment, it is segmented into cosmetic dentistry, and others.
On the basis of end user, it is segmented into dental clinics, dental laboratories, and others.

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Regional Analysis:
The Americas dominate the global microdontia market owing to well-developed technology, increasing patient with dental problems, high healthcare spending, and increasing government support for research & development. Furthermore, increased R&D activities and the concentration of major companies have fuelled the growth of the market in this region.
Europe holds the second position in the global microdontia market owing to the government support for research & development and availability of funds for research. This is expected to continue to drive the European market over the forecasted period. For instance, countries like Germany and France are increasing investment in the healthcare domain.

Asia Pacific is the fastest growing microdontia market owing to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, increasing demand for new treatment methods for dental diseases in countries like India and South Korea is likely to emerge as the fastest growing market across the globe. Furthermore, increasing demand for quality devices in the healthcare is projected to lead to the use of advanced equipment, which, in turn, will increase the market growth of microdontia in the region.

On the other hand, in the Middle East and Africa, dental problems have become a huge problem due to limited screening, ignorance of diseases, and poor access to treatment.

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